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 Replies: 9 / Views: 1,862 |
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Valued Member
United States
130 Posts |
In yesterday's mail I received my 200th Newfoundland 1907 50 Cent. Even those of you who know me to be a Newfoundland specialist may wonder why I chose to acquire so many examples of this issue. It began in earnest two years ago when during an inventory of my collection, I discovered I had more 1907s than any other issue. Since the 1907 had a round mintage of 100,000, it was simple to calculate what percentage of the issue I had. Increasing the percentage became a side pursuit that added a new and entertaining dimension to collecting the Newfoundland series. There are more on the way, but as it is, I've got 70.08 ounces of silver in these coins and 0.2% of the total mintage. To have an equivalent ratio of the 2013 P Lincoln Cent mintage (the most recent mintage reported), I would need 7,500,800 cents, which would weigh 41,341 pounds and have a face value of $75,008. Perhaps I'll make it to 300. As always, thanks for reading. |
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Pillar of the Community
Canada
4227 Posts |
That's pretty cool. Glad I have one, seems you have the rest!
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Pillar of the Community
Canada
3049 Posts |
Wow that's awesome and very impressive....
I also am a big fan of maritime coinage... but I think I will have to pick up my own 1907 fast before you have a monopoly on 'em!
My only request....
Pics please!
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Pillar of the Community
United States
1512 Posts |
What's the best guess at the survival rate of that coin? You may have a significantly larger percentage of remaining coins than you think. I agree, we want pics! Also, do you keep track of how much of a premium over spot you're at?
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Bedrock of the Community
Canada
10743 Posts |
Wow, That is awesome TJ, I have two and I thought that was great.   |
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Pillar of the Community
Canada
1046 Posts |
 may I ask how you store them all.?  regards |
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Pillar of the Community
United States
1512 Posts |
He puts them in a big pile and swims through them like Scrooge McDuck!
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Valued Member
 United States
130 Posts |
 The 197 raw coins sit in blue Whitman boxes and the 3 ICCS examples are kept in a binder with my other certified coins. They're graded EF-40, VF-30 and F-12; the EF-40 is the example included in my certified 50 cent set. As far as where I stand in relation to spot price, I'm sure I'm well above but a number of these were purchased in the mid to late 90s for as little as $2, when my father began the Newfoundland collection. By the time he slowed down with acquisitions in the 2000s, he had collected roughly 45 1907s, in addition to several 1888s and many other coins across the series. In 2011, I found his Newfoundland accumulation in a closet and decided to complete the series. I've been enjoying myself tremendously ever since. I also stockpile 1888 50 cent pieces; my total for that issue stands at 54. |
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Pillar of the Community
United States
1512 Posts |
That is really cool! What else do you collect/hoard?
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Pillar of the Community
Canada
3049 Posts |
Just in short... I LOVE the looks of this !! T.J. Thanks for sharing.. I tell ya it really makes me want to do something similar!
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Replies: 9 / Views: 1,862 |
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Posted 05/03/2015 02:07 am
